https://www.taxtmi.com/caselaws?id=458271 The bank was permitted to appropriate the amount already in its possession, but only subject to the final outcome of the pending appeal before the Debts Recovery Appellate Tribunal. The Supreme Court also directed the Tribunal to hear and dispose of the appeal within two months, ensuring an expedited determination of the legal questions raised. The operative effect was limited preservation of the bank's right to retain the funds pending appeal, while requiring prompt appellate adjudication on all issues of law. en-us Fri, 25 Feb 2011 00:00:00 +0530 Sat, 19 Oct 2024 13:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458271 The bank was permitted to appropriate the amount already in its possession, but only subject to the final outcome of the pending appeal before the Debts Recovery Appellate Tribunal. The Supreme Court also directed the Tribunal to hear and dispose of the appeal within two months, ensuring an expedited determination of the legal questions raised. The operative effect was limited preservation of the bank's right to retain the funds pending appeal, while requiring prompt appellate adjudication on all issues of law. Case-Laws Indian Laws Fri, 25 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458271